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Private Casco Bay island with storied family compound sells for $7M

Private Casco Bay island with storied family compound sells for $7M
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Playwright s hideaway, near Madison s Lakewood Theater, sold after 15 years on market

The buyers of a vintage bed-and-breakfast with plenty of history are looking forward to doing a period renovation and likely reopening it as an inn in a couple of years. Paul and Paula Saunders bought the Colony House at 68 Beach Road in Madison from Robert Thompson and family for $570,000. John I. McCarthy of Legacy Properties Sotheby’s International Real Estate represented both buyer and seller in the transaction. McCarthy also acknowledged Donna Mills Stevens at Skowhegan Savings Bank, Rebecca Cayford Esq. and Corson & Blaisdell P.A. in the deal. The shingle-sided structure was custom designed and built in 1929 as a summer home for Broadway playwright John Bard Hymer, on the western shore of Lake Wesserunsett in Somerset County. Features include hardwood floors, working fireplaces and a spiral staircase. The main house has six bedrooms, five bathrooms and a sunroom overlooking the lake. The property also has an adjacent four-bedroom cabin that sleeps eight. 

Biz Bites: Out-of-staters in, Travolta out; MEREDA spring conference set, more

Biz Bites: Out-of-staters in, Travolta out; MEREDA spring conference set, more
mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.

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